Block 138/Lake View Village

Project Description

This block is bounded by State Street, “A” Avenue, First Street and Union Pacific railroad tracks. Block 138 construction was completed in November of 2003. The project includes a four-level parking structure with approximately 365 parking spaces surrounded by shops, restaurants and offices in six commercial buildings. The retail spaces are accessed from the sidewalks, unlike a mall with interior access. This creates active sidewalks and public spaces, promoting an enjoyable pedestrian experience.

The commercial buildings are privately owned. The ground floors are exclusively retail or restaurant uses, and the upper floors are predominantly offices. The next leaseable space totals over 84,000 square feet. The project was initiated by the Agency through a process that included land acquisition, partial resale to a private developer, a binding development agreement, and public assistance to construct the parking structure. The parking structure remains in public ownership. The development agreement defines areas of private and public parking, and it requires the project developer to maintain the public parking structure.